Divesh Sisodraker became the latest in a line of CRM CEOs to leave their post, announcing today that he is stepping down from the helm at Pivotal for another career opportunity.
Sisodraker has been at Vancouver, B.C.-based Pivotal Corp., a subsidiary of chinadotcom (CDC), for the past five years. Keith Oliver, CDC's chief financial officer, has been appointed interim CEO. McKinsey & Co., an international management consulting firm has been appointed to act as special advisors to the CEO during the search for Sisodraker's replacement. The search is expected to take six to nine months.
Chinadotcom purchased Pivotal at the beginning of 2004, outbidding several suitors, including midmarket rival Onyx.
The company said it will accelerate development of enhancements to the Pivotal products and invest in customer sales and support processes.